This text book is written for Strategic Decision makers, aspiring
managers and for management students. This textbook guides readers through
the core components of Strategic Management concepts, external and internal
analysis and puts them in the manager's chair, challenging them to apply their
understanding to solve major business problems such as entering into the new
market, entering into strategic alliances, hostile takeovers, mergers and
acquisitions. The book's central theme, supported by extensive analysis and the
need of the hour, i.e., SWOT Analysis which is heavily driven by Changes
taking place in macro and micro environment. The coverage also includes
Porter’s generic Strategies, Porter’s five forces model, corporate strategies,
business strategies, balance scorecard, benchmarking, etc.
The book contains questions for discussion and evaluation at the end of
each chapter and provides the following points for the benefit of the readers:
Presents the core course material in an informal, narrative style that
puts readers in the manager's chair.
Focuses readers on practical issues and leads them to work through
situations as if they were the managers (or employee, as the case may
be).